US Central Intelligence Agency (CIA) Deputy Director Michael Ellis Says Bitcoin Is a National Security Tool

Deputy director of the US Central Intelligence Agency (CIA), Michael Ellis, says that the agency is increasingly incorporating Bitcoin as a tool in its operations.

Deputy Director of the US Central Intelligence Agency (CIA) Michael Ellis has revealed that the agency is increasingly including Bitcoin as a tool in its operations.

During an interview with renowned market analyst and investor Anthony Pompliano, Ellis shed light on the CIA's involvement in monitoring Bitcoin activities.

As part of its counter-intelligence activities, the intelligence agency works closely with law enforcement agencies to keep an eye on Bitcoin, collecting valuable data in the process.

“There is tremendous potential for the law enforcement and intelligence community to be able to use.”

According to Ellis, Bitcoin and other cryptocurrencies are valuable tools in the toolbox, much like any technology.

“In that respect, Bitcoin is very similar to other sorts of advanced technologies and one that we have to prioritize.”

According to Ellis, cryptocurrencies play a role in tracking the activities of US adversaries, ultimately helping to disrupt them.

“We need to make sure that we’re a leader in these fields internationally and not a laggard. So it’s another area of competition where we need to ensure the United States is well-positioned against China and other adversaries.”

Currently, global BTC adoption has surpassed the 500 million user mark, with emerging markets like India, Nigeria, and Argentina leading the way in per capita adoption.

Countries such as El Salvador, the UAE, Switzerland, and Singapore are setting the pace with pro-Bitcoin policies, supportive leadership, and crypto innovation hubs.

On the other hand, the U.S. is lagging behind in the global crypto race, despite Bitcoin merchant adoption growing steadily across the nation, reaching crypto tourism hotspots and showing that countries are taking the cryptocurrency seriously.

However, some sectors in the U.S. still need to engage more with the crypto industry.

Also, those who are supporters of Bitcoin are not so sure. The government made a rule that government funds cannot be used to buy Bitcoin. That alone shows that Bitcoin has not been fully embraced.

According to Ellis, the biggest challenge that BTC and other cryptocurrencies have faced is their association with criminal activities, which has brought fear and pushed investors away.

However, he pointed out that criminals also use many other materials and that doesn’t get banned for that reason.

According to Ellis, cryptocurrencies help track what the US adversaries are doing and, therefore, disrupt them.

“We need to make sure that we’re a leader in these fields internationally and not a laggard. So it’s another area of competition where we need to ensure the United States is well-positioned against China and other adversaries.”

Currently, global BTC adoption has surpassed the 500 million user mark, with emerging markets like India, Nigeria, and Argentina leading the way in per capita adoption.

Countries such as El Salvador, the UAE, Switzerland, and Singapore are setting the pace with pro-Bitcoin policies, supportive leadership, and crypto innovation hubs.

On the other hand, the U.S. is lagging behind in the global crypto race, despite Bitcoin merchant adoption growing steadily across the nation, reaching crypto tourism hotspots and showing that countries are taking the cryptocurrency seriously.

However, some sectors in the U.S. still need to engage more with the crypto industry.

Also, those who are supporters of Bitcoin are not so sure. The government made a rule that government funds cannot be used to buy Bitcoin. That alone shows that Bitcoin has not been fully embraced.

According to Ellis, the biggest challenge that BTC and other cryptocurrencies have faced is their association with criminal activities, which has brought fear and pushed investors away.

However, he pointed out that criminals also use many other materials and that doesn’t get banned for that reason.

According to Ellis, cryptocurrencies play a role in tracking the activities of US adversaries, ultimately helping to disrupt them.

“We need to make sure that we’re a leader in these fields internationally and not a laggard. So it’s another area of competition where we need to ensure the United States is well-positioned against China and other adversaries.”

Currently, global BTC adoption has surpassed the 500 million user mark, with emerging markets like India, Nigeria, and Argentina leading the way in per capita adoption.

Countries such as El Salvador, the UAE, Switzerland, and Singapore are setting the pace with pro-Bitcoin policies, supportive leadership, and crypto innovation hubs.

On the other hand, the U.S. is lagging behind in the global crypto race, despite Bitcoin merchant adoption growing steadily across the nation, reaching crypto tourism hotspots and showing that countries are taking the cryptocurrency seriously.

However, some sectors in the U.S. still need to engage more with the crypto industry.

Also, those who are supporters of Bitcoin are not so sure. The government made a rule that government funds cannot be used to buy Bitcoin. That alone shows that Bitcoin has not been fully embraced.

According to Ellis, the biggest challenge that BTC and other cryptocurrencies have faced is their association with